I'd like to purchase a domain that is parked. It's my last name and it's not exactly smith.com so I can't imagine this person has tons of requests coming in. In fact, my name is fairly uncommon outside of, say, Germany, and even there it's not a very common name. The domain is parked through
Fabulous and it asks me to make an offer when I express an interest. I don't know what people typically pay in these situations so I offered $25, but it was instantly rejected (seems the owner set a base price before offers are even considered).
Does anyone know what a normal price is to pay for a parked domain that is NOT in high demand (or even medium demand for that matter)?
The domain was registered in 2002 and expires in 2010 on the same date. Do people who park domains typically renew them, or could I benefit from paying the $20 to have GoDaddy monitor the domain and purchase it once the registration expires?